Merger Transition Agreement Sample Contracts

March 7, 2022 Lynn A. Peterson
Merger Transition Agreement • March 8th, 2022 • Oasis Petroleum Inc. • Crude petroleum & natural gas

This letter agreement (the “Letter Agreement”) entered into, as of the date set forth above, by and between Oasis Petroleum Inc., a Delaware corporation (the “Company”) and Lynn A. Peterson (“Executive” or “you”) (and collectively, the “Parties”) confirms the Parties’ understanding regarding your employment with the Company. This Letter Agreement will become effective upon execution by the Executive and the Company.

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Richard E. Muncrief Re: Merger Transition Dear Rick,
Merger Transition Agreement • September 28th, 2020 • Devon Energy Corp/De • Crude petroleum & natural gas

As you are aware, Devon Energy Corporation (the “Company”) is entering into that certain Agreement and Plan of Merger (as it may be amended, the “Merger Agreement”), dated as of the date hereof, by and among the Company, East Merger Sub, Inc., a wholly-owned subsidiary of the Company (“Merger Sub”), and WPX Energy, Inc. (“WPX”), pursuant to which Merger Sub shall be merged with and into WPX with WPX continuing as the surviving corporation as a wholly-owned subsidiary of the Company (the “Merger”).

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